UPDATE: Oppenheimer Upgrades L Brands (LB) to Outperform

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Go back to UPDATE: Oppenheimer Upgrades L Brands (LB) to Outperform

FBR Capital Raises Price Target on L Brands (LB) to $75 Following 2Q EPS Beat

August 19, 2016 7:25 AM EDT

FBR Capital reiterated a Market Perform rating on L Brands (NYSE: LB), and raised the price target to $75.00 (from $68.00), following the company's 2Q earnings report. Adjusted EPS of $0.70 came in well above the consensus estimates of $0.57 and guidance at the high end of $0.50$0.60.

Analyst Susan Anderson... More

L Brands (LB) volatility increases into Q2 and outlook

August 17, 2016 1:43 PM EDT

L Brands (NYSE: LB) August call option implied volatility is at 60, September 29; compared to its 52-week range of 21 to 40 into the expected release of Q2 results on August 17.

... More